Nvidia board meeting to decide CEO Jensen Huang’s fate stretches into evening
Nvidia's board is meeting days after CEO Jensen Huang admitted to an affair with a woman who is believed by U.S. intelligence of being a Chinese spy.
TL;DR
- Nvidia's board is meeting to potentially oust CEO Jensen Huang.
- Reports allege Huang had affairs with an employee and an alleged Chinese spy.
- Huang admitted to an affair with Alice Huang, believed to be a Chinese spy.
- Another alleged affair is with Kimberly Powell, Nvidia's VP of health care.
- Nvidia's stock fell over 9% in post-market trading after the reports surfaced.
- The board has initiated an independent investigation into the spying allegations.
- Huang has apologized for being unfaithful to his wife.